Medical Condo For Sale • 1,611 SF
| Name | Condo Use | Size | Price | Details |
|---|---|---|---|---|
| 1st Floor - Unit F | Medical Office | 1,611 SF | $609,990 USD | |
DescriptionFULLY RENOVATED!...NEW flooring, NEW baseboards, NEW ceiling tiles, NEW paint, and NEW columns. Space features a lobby/waiting area, 4 rooms, 2 large open spaces, 2 bathrooms, and 2 entrances. The location is superb. |
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eXp Commercial is proud to exclusively offer this end cap medical office unit for SALE, located just East of Kissimmee's Medical Arts District. With direct frontage to E Oak St, this unit has an AADT flow of 19,000, providing plenty of visibility from the main road. The space is currently 100% OCCUPIED by Bannel Associates LLC, who has a fresh, three-year NNN lease in place and who are looking to stay and extend their lease beyond the current term. This unit is in the same building with Select Physical Therapy, Beattie Family Orthodontics, and is surrounded by a host of healthcare specialties within the Heritage Square Office Condos development. The space features a waiting area, a reception, 2 bathrooms, two open spaces, a front and rear entrance, and 4 exam rooms with ample space for 5. There is plenty of parking space available, with 5/1,000 ratio. This prime investment opportunity is yielding $35,442/year NOI at a 5.81% cap rate.
| 100% occupied medical office unit with a NEW 3-year term at a 5.81% cap rate |
| Minutes from Kissimmee Medical Arts District |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 3 min | 15 min | 0.8 mi | |
| 8 min | - | 3.6 mi | |
| Airport | Drive | Walk | Distance |
| Orlando International | 26 min | - | 14.9 mi |
| Orlando Sanford International | 58 min | - | 45.6 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 26 |
| Type: | Surface |
| Included in Rent: | Yes |